Investment31 Oct 2026, 06:41 pm
Dhoot Transmission Invests €2.5 Lakh in German Subsidiary
AI Summary
Dhoot Transmission Ltd has invested €2,50,000 (equivalent to Rs. 2,82,05,530) by subscribing to 2,50,000 equity shares of €1 each in its wholly-owned subsidiary, Dhoot Transmission GmbH. The subsidiary, incorporated in Germany on December 12, 2024, had nil turnover and a net worth of €45,718.57 as of March 31, 2026. The investment is intended to meet the subsidiary's working capital needs, support business growth, and facilitate expansion in the automotive and related industries through engineering services and customer acquisition. The transaction is considered an arm's length deal, and the company maintains 100% shareholding in Dhoot Germany.
Key Highlights
- Company invested €2.5 Lakh in its German subsidiary.
- Investment aims to fund working capital and business expansion.
- Subsidiary operates in engineering services for the automotive sector.
- Transaction is an arm's length deal with 100% ownership maintained.
Price Impact
More from DHOOTTRANS